Tracking the trends 2016

Are we there yet?

The 2016 edition of Tracking the trends takes a look at the issues that miners will face in the coming year and outlines a wealth of potential responses proposed from Deloitte member firms' mining professionals.

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Executive summary

Anyone who has ever shared a car with children has likely heard the common refrain that exhorts drivers everywhere to go faster. Miners, impatiently waiting for this down cycle to end, have been searching for the proverbial gas pedal for years. Unfortunately, it looks like we still have a way to go.

As commodity prices continue to hit historically low levels, mining companies are struggling to recalibrate. It doesn’t help that the industry faces a host of unresolved challenges—from tumbling demand and declining grades to mounting stakeholder expectations and a lack of financing. At the same time, miners must contend with a range of constantly-mutable issues, including the innovation imperative, shifting regulatory realities and the rising risks associated with both physical and cyber security.

Tracking the trends 2016

Tracking the trends 2016: Press release

Weak commodity prices, declining grades and a falloff in demand from China will continue global mining sectors’ downward cycle well into 2016. However, regulatory mandates, tax burdens and stakeholder expectations remain as high as ever.

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Audit Partner

Daulet has been auditing financial statements prepared in accordance with Kazakh Accounting Standards, IFRS and Canadian and US GAAP for 17 years. He has also been involved in engagements related to t... More

Partner, Audit Department

Following three successful years as Managing Partner of the Deloitte CIS operations in Georgia and Armenia, Aaron took up his current position as head of Energy and Resources for Caspian Region of Del... More

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